The Latest Top 20 Billionaires In Nigeria

This trend of various list is really getting annoying and boring, but…… we still like to know right?!?

So, here goes the list of top 20 Nigerian billionaires presently.

The list was based on:
The value of their shares held in quoted companies, the size and market share of their companies, the number of companies they own and its assumed value, the market value of their company’s brand and the impact of their companies on the Nigerian economy.

Despite the harsh terrain and business challenges involved with starting a business in Nigeria; the successful entrepreneurs listed below held their ground and fought their way to the top.

In a country with a population of over 160 million inhabitants and millions of businesses; these 20 entrepreneurs diligently carved their names in the sands of time.

LIST: -

1.Alhaji Aliko Dangote – founder of Dangote Group, Richest man in Africa and Richest black man in the world

2.Mike Adenuga – Conoil, Equatorial Trust Bank, Globacom

3.Femi Otedola – ZENON Oil and Gas

4.Orji Uzor Kalu – Slok Group

5.Cosmos Maduka – Coscharis Group

6.Jimoh Ibrahim – Nicon Insurance, Global Flee

7.Jim Ovia – Zenith Bank, Visafone

8.Pascal Dozie – MTN Nigeria, Diamond Bank

9.Oba Otudeko – Honeywell Group Nigeria

10.Alhaji Sayyu Dantata – MRS Group

11.Umaru Abdul Mutallab – former Chairman First Bank Plc, Mutallab Group

12.Prince Samuel Adedoyin – Doyin Group

13.Dele Fajemirokun – Chaiman Aiico Insurance, Xerox Nigeria, Chicken Republic, Kings Guards etc.

14.Chief Cletus Ibeto – Ibeto Group

15.Raymond Dokpesi – Daar Communication, AIT,

16.Tony Ezenna – Orange Group

17.Chief Molade Okoya Thomas – Chairman CFAO Nig and other six french companies

18.Ifeanyi Ubah – Capital oil and gas

19.Leo Stan Ekeh – Zinox Computer

20.Fola Adeola – GTBank

ASUU Strike latest: VP Sambo takes over government’s negotiation

Vice President Namadi Sambo

ASUU has been on strike since June 30.

The Vice President Namadi Sambo has, in a bid to end the continuous gridlock in the dialogue between the Academic Staff Union of Universities, ASUU and federal government, taken over the negotiation process. The government’s negotiation team was formerly headed by the Secretary to the Government of the Federation, Pius Anyim. For the first time since the commencement of the over 10-week-old strike action by the union, the Vice President met with the leadership of the union at the Presidential Villa on Thursday.
The meeting was held behind closed doors.

Nigerian Universities have been shut down since June 30 as a result of federal government’s failure to honour an agreement signed between it and ASUU in 2009 bothering on issues of university funding and improvement of infrastructure in the sector. Speaking to journalists at the Presidential Villa after the closed door meeting, the ASUU President, Nasir Fagge, said that he was taking back a “message given to him at the meeting for his members” and that Nigerians would have to wait for the response of his members on the way forward. “We have had a meeting with the Vice President and he has given us a message to our members, and we said that as the messengers that we are, we are going to deliver the message faithfully to our members and then they will take the decision.” According to him, “I know Nigerians are expecting a solution to the strike, we also want a solution, but I have been given a message to our members. The message is not for Nigerians, it is for our members”. “If I deliver the message, our principal will decide and we will get back to the ministry of education within this week,” he added, saying the union would get back to the education minister on its stance on the government’s latest offer.

The federal government had offered N100 billion and N30 billion for infrastructure development in various universities and payment of verified earned allowances of lecturers respectively. It is not clear if the government made an improved offer for the lecturers whose only demand is that government implements fully the 2009 agreement. The Minister of State for Education, Nyesom Wike, who was also at the meeting, explained that the meeting had been convened to find a lasting solution to the crisis. “One is quit hopeful that ASUU is committed, they have the passion and that there is the need for us to move the education sector forward. “ASUU coming to discuss means that they are committed on their own part and that the federal government is also committed. We have gone very far, we believe that in no distance time, you will have a very good result,” he said.  Also on the ASUU delegation were two former Presidents of ASUU, Dipo Fasina and Abdullahi Sule-Kano.

Other members of the government’s delegation included the Executive Secretary of the National Universities Commission (NUC), Julius Okojie; as well as the Vice Chancellors of Bayero University Kano (BUK), University of Ibadan (UI) and Abubakar Tafawa Balewa University (ATBU) Bauchi, Abdulrasheed Abubakar, Isaac Adewole, and Muhammed Muhammed respectively.

BBM coming to Android today at 4:30 PM IST, iOS launch tomorrow

BBM says it's app will be available as a free download for Android smartphones (Android 4.x) beginning at 7 AM EDT (4:30 PM IST) on September 21. BBM for iPhones running iOS 6 and iOS 7 will become available for each market on the App Store schedule on September 22.

It said on it's official twitter page (https://twitter.com/BBM) that users can download BBM by visiting www.BBM.com from their smartphone browser.

Photos: Amber Rose Arrives In Lagos

Amber Rose just arrived at the MMIA here in Lagos. She was welcomed by the show organizers and a lot of media guys who wanted to get a first pic of her. Unlike Kim who left Nigeria the same day when she came for Dare Art Alade's show, Amber will be leaving the country Monday morning after tomorrow's event. Another pic of her below.

Death toll from Boko Haram attack rises to 143: Nigerian official

MAIDUGURI- The death toll from an Islamist militant assault on travellers along a road in northeast Nigeria has risen to 143, an official from the local branch of the Environmental Protection Agency said on Friday.

In the attack on Tuesday, Boko Haram militants wearing military uniforms stopped traffic on a highway between the cities of Maiduguri and Damaturu, dragging people out of their vehicles and killing them, witnesses and security sources said. The initial toll was given as more than 20.

"We have been picking corpses off the roadsides all day, there are more in the bush, they are all travellers shot at or slaughtered by Boko Haram gunmen who attacked on Tuesday night. We have so far picked up 143 corpses," the official, Abdulazeez Kolomi, said.

Pope criticises emphasis on social issues

SIGNALING a dramatic shift in Vatican tone, Pope Francis has said the Catholic Church has become obsessed by "small-minded rules" about how to be faithful.

He says pastors should instead emphasise compassion over condemnation when discussing divisive social issues of abortion, gays and contraception.

The pope's remarkably blunt message six months into his papacy is sure to reverberate around the globe as bishops who have focused much of their preaching on such hot-button issues are asked to act more as pastors of wounded souls.

In interviews published Thursday in Jesuit journals in 16 countries, Francis said he had been "reprimanded" for not pressing church opposition to abortion in his papacy.

But he said "it is not necessary to talk about these issues all the time".

"The church's pastoral ministry cannot be obsessed with the transmission of a disjointed multitude of doctrines to be imposed insistently," Francis said.

"We have to find a new balance; otherwise even the moral edifice of the church is likely to fall like a house of cards, losing the freshness and fragrance of the Gospel," the pope said in the 12,000-word article.

The article was based on interviews conducted by a fellow Jesuit, the Rev Antonio Spadaro, editor of La Civilta Cattolica, a Rome journal for the religious order.

"The church sometimes has locked itself up in small things, in small-minded rules," Francis said.

"The most important thing is the first proclamation: Jesus Christ has saved you. And the ministers of the church must be ministers of mercy above all."

The comments contained no change in church teaching, and the pope said reform should not happen quickly.

Still, it was the pope's clearest declaration yet of a break in tone and style from his immediate predecessors.

Top 10 Universities In Africa

Universities and colleges across the world compete every year for the highest rankings, giving them not only bragging rights, but access to the top student candidates, professors, and donors. Africa is home to some of the top universities and programs in the world, and draw a highly international student body. The following ranking represents the top universities on the continent for 2012-2013,compiled from several ranking sources: AnswersAfrica, TheAfricaChannel, 4 International Colleges & Universities, and the Times Higher Education World University Rankings.

10. Makerere University, Uganda

9. Rhodes University, South Africa

8. University of Western Cape, South Africa

7. University of Pretoria, South Africa

6. Cairo University, Egypt

5. University of South Africa, South Africa

4. University of KwaZulu-Natal, South Africa

3. Stellenbosch University, South Africa

2. University of Witwatersrand, South Africa

1. University of Cape Town, South Africa

No Nigerian University made the list, what a pity!